The total equity of Siskiyou, inc. is $900,000.
Entire assets minus total liabilities equals equity. A company's balance sheet will contain all of these numbers.
The sum that investors put in a firm in return for stock, plus all future profits realized by the company, less all future dividends paid out, is referred to as total equity.
Total equity =( current assets + long term assets) - (long term debt + current liabilities)
= 2,000,000-(500,000+600,000)
= $900,000
Hence, The total equity of Siskiyou, inc. is $900,000.
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